Utkarsh Small Finance Bank Limited announces the release of its inaugural Sustainability Report for FY 2023-24, marking a significant milestone in the Bank’s journey towards integrating Environmental, Social, and Governance (ESG) principles into its core operations.
This comprehensive report, titled “U-SUSTAIN,” highlights the Bank’s strategic initiatives and achievements in promoting sustainable development and responsible banking.
Commenting on the Sustainability Report, Govind Singh, MD & CEO, Utkarsh Small Finance Bank Limited, “We are delighted to present our first Sustainability Report, which underscores our unwavering commitment to ESG principles. At Utkarsh Small Finance Bank Limited, we believe that sustainable banking is not just a responsibility but a path to creating long-term value for our stakeholders. This report reflects our dedication to fostering a resilient and inclusive financial ecosystem while addressing the pressing environmental and social challenges of our time.”
Key Highlights of the Sustainability Report:
ESG Strategy: Detailed insights into the Bank’s ESG policy, climate risk management, and sustainable resource consumption.
Environmental Initiatives: Achievements in energy efficiency, waste management, and the adoption of green technologies.
Social Impact: Financial inclusion, community engagement, and employee diversity and development efforts.
Governance: Strong governance framework ensuring transparency, accountability, and ethical business practices.
The full Sustainability Report is now available on the Bank’s official website. Stakeholders and the public are encouraged to visit www.utkarsh.bank to access the detailed report and learn more about the Bank’s ESG initiatives.
The Bank offers a slew of digital services, such as internet and mobile banking, Digi On-Boarding, UPI, and an online account opening facility for clients. It also has a range of ATMs and Micro ATMs for ease of transactions. The Bank is headquartered in Varanasi, Uttar Pradesh.
